Sorry I understand only whitelisted tokens have insurance protection. Will a token that is whitelisted gets de-whitelisted?
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Hey guys. Was reaching out to see if the bancor supported smart contracts interacting with it to stake coins from that respective wallet. I know there is support for DEX and deploying liquidity pools but is there support for smart contracts to put their money to work in the single sided staking?
What are everyone's thoughts on AMMs generally? Have seen their protocol tokens dropping steadily way before the terra Luna debacle/crash, seems a great proportion of people farm and dump their tokens. With the incentive rewards dropping in price - it's only natural that TVLs might dwindle to only what projects provide - many LPs will naturally drop out if there is no profits + massive IL risk - I can imagine very poor TVLs soon putting into question AMMs purpose of existence Despite the issues you guys are having- at least you have acknowledged the problem 🙏
@DanDMM Aren't you even the least bit curious why the Foundation is so quiet during this time and absolutely refuses to provide any transparency? Like not even asking for a bailout. But just merely providing the reasons why or why not. The Foundation holds all the money here. Countless other protocols had investors and foundations contribute at least something during times of exploits and bailouts. If the answer is no, give a reason. But that's too much to ask in this situation...